Buy for Short Term and Then Sell

New ZONE of XAUUSD
Buy
1943.66
SL Last Swing
TP All the way up to Yellow Line

Trade active:

I Buy Now
SL Last Low
TP Yellow Line or Free open

Comment:

What i see XAUUSD will be creating a new zone from here but we will see later.
I mean maybe the orange to yellow zone will not used again but we will see.

Comment:

We are in levels of daily high on 1946
which means, the price will be do some correction and going up again i think, just for safe maybe set your SL below entry like tight or set to BE. but its upto you

Comment:

But i will hold for sure

Trade active:

TP: 1959.40
SL: Last Low or BE
When price hit the 1950 or 1955 i will set SL to Profit (Cause there will be some correction on that level for sure)

Comment:

We at Daily High
So the price will be do some correction, but just secure your profit, get your SL on profits.
I still hold on my position

Comment:

I Set my SL to Break Even, If the price going down probably will hit to 1940 and then reversal again. After that we can think that is the newest zone XAUUSD will be playing

Comment:

If the price break the Blue Line (1949)
We will going to Yellow

Comment:

We will see how the markets react in New York Season

Comment:

If you want to TP here its upto you, cause we stuck in Daily High Area for long period of time, but we still not know how the market reacts when we enter the new york season.
We will see, i still hold the trade with SL in profits

Trade closed manually:

Guys i closed the trade,
I forgot to see there will be a news, provably XAUUSD will going reversal from here

Comment:

I mean going down

Comment:

Damn i read wrong to the news, the price probably will going UP, if the Core PPI is positive and vice versa

Comment:

HIGH RISK TRADE
BUY LIMIT at last high 1940-1942
TP 1955 or Free Open
TIGHT SL 1938

and

SELL LIMIT
1964-1965
TP 1940
SL 1970

Comment:

HIGH RISK

Comment:

Sorry, for FOMC i am not sure if i will trade cause its 1 am on me,
when news will be released. I will see later.
for BUY and SELL Limit that i gave before just delete it.

Comment:

Damn really nice bullish, i wrong on read the news before.
Learned something again today about news.

Comment:

Price will be increase when FOMC release,
So now we will find some near support to open Buy before FOMC released.
For people that still hold the trade, its good to you just hold it.
What i see is we can enter on 1945

Comment:

What i see market will play again in Orange Yellow Zone.
Buy Limit on Yellow Line 1956
SL 1954
TP 1980
by FOMC NEWS price will be really going up for sure, just set your trailing stop for safe

Trade active:

BUY LIMIT HIT
SL 1952.81
TP 1970-1980

Comment:

Guys, i will not trade untill market open again in next monday.
Sorry if some of you have loss because my analysis and if you get profits, Enjoy The Profits.

Comment:

XAUUSD break the lowest low (1940), so I still don’t know where the market will go or reacts and the new structure still not created, i will just wait.